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Industrial Building with Grade Level Doors

20550 Hoover St, Detroit, MI 48205

For Lease
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Industrial building with two 12’x16’ grade level doors and 13’–24’ clear height, approved for medical green zone cannabis cultivation and processing.

Space Size27,500 SF
Days on Market593

Property Features for 20550 Hoover St

General Information

Standard status Active
Size 27,500 SF
Property subtype RETAIL
Zoning Medical Green Zone
Lease Type NNN

Site & Location

Neighborhood Conner Creek

Warehouse & Industrial

Clear Height 24 ft
Drive-In Doors 2

Spaces For Lease

at 20550 Hoover St
20550 Hoover St. $7/SF/Yr
Floor Bldg
Size 27,500 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- 27,500 SF Industrial Building - (2) 12’x16’ grade level doors - 13’-24’ clear height - Municipal approved Medical Green Zone Cannabis Site (Grow/Processing) - Land Use and Zoning Approval from the City of Detroit for cultivation and processing - All license types possible, subject to application
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Listing Agency: Landmark Commercial Real Estate Services
Listed By: Anthony Vitale · License MI #6505422306
Source: Moodyscre
Added: Mar 28, 2025 Changed: Nov 1 Last Checked: Nov 8 at 8:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landmark Commercial Real Estate Services

Rey
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Investment Insights

Based on property information with market context.

This industrial building offers 27,500 SF of space and includes two 12’x16’ grade level doors, along with 13’–24’ clear height. The property is described as a municipal approved Medical Green Zone cannabis site for grow and/or processing, with land use and zoning approval from the City of Detroit for cultivation and processing.

The property is located at 20550 Hoover St in Detroit, MI 48205.

According to the provided information, license types may be possible, subject to application. The existing configuration and approved cannabis use pathway may be relevant for qualified operators seeking a facility sized for cultivation and processing operations.

Key Highlights

  • 27,500 SF industrial building with 13'–24' clear height
  • Two 12' x 16' grade‑level doors for drive‑in access
  • Municipal‑approved Medical Green Zone cannabis site for grow/processing

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Cannabis Properties

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24 ft
Clear height
2
Drive-in doors
NNN (Triple Net)
Lease Type
$1.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

260
Businesses Nearby

Demographics for 48205, MI

34,056
Population
17,102
Households
2
Avg Household Size
32
Median Age
9%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
5,321
Density / Sq Mi
$40,612
Median Household Income
$30,833
Median Earnings
$1,149
Median Rent
$55,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Detroit, MI

3% 2019
4.2% 2020
2.5% 2021
2.4% 2022
3% 2023
3.4% 2024
3.7% 2025

Frequently Asked Questions

What type of property is this?
Cannabis property - Industrial building with two 12’x16’ grade level doors and 13’–24’ clear height, approved for medical green zone cannabis cultivation and processing.
Where is this cannabis property located?
The property is located at 20550 Hoover St Detroit, MI.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: 27,500 SF industrial building with 13'–24' clear height; Two 12' x 16' grade‑level doors for drive‑in access; Municipal‑approved Medical Green Zone cannabis site for grow/processing
(248) 488-2620 · Office Call to check price and availability
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